Well this is a timely trial…
The Prestige was a single-hulled Liberian-owned oil tanker, operating under a Bahamian flag, which sank off the coast of Galicia, Spain on 19 November 2002 after suffering a catastrophic hull failure.
The resulting oil spill, estimated at some 20 million gallons of heavy fuel oil, wreaked havoc along coastlines of Spain, France, and Portugal. The spill was the largest environmental disaster in the history of both Spain and Portugal.
In August, the American Bureau of Shipping, the classification society that certified the vessel as seaworthy, was cleared in the case.
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More ships are openly signaling their intention to traverse the Strait of Hormuz, pointing to growing confidence among shipowners and traders about sending vessels through the chokepoint as tensions ease.
Three Saudi-flagged supertankers with six million barrels of crude onboard sailed through the Strait of Hormuz hours after U.S. President Donald Trump signed a deal with Iran over an end to their war, ship tracking data showed on Thursday.
The European Union has sanctioned the shipping subsidiaries of Russian energy giants Gazprom and Lukoil, broadening its crackdown on Moscow’s oil transportation network and increasingly targeting companies linked to the country’s so-called shadow fleet.
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